capital investment by crucially investigating whether there is a link between tenure and wages - this has come to be an … reasonably strong link between wages and tenure, allowing us to infer that a value can be ascribed to the continuation of …

We quantify agglomeration spillovers by estimating the impact of the opening of a large manufacturing plant on the … total factor productivity (TFP) of incumbent plants in the same county. We use the location rankings of profit … counties. This indicates that the ultimate effect on profits is smaller than the direct increase in productivity …

broader range of skills. Technological progress leads to an increase of all wages and results in downsizing. Quantifying … differ in their skill composition. Organizations with higher Total Factor Productivity (TFP) are larger and hire from a … productivity using our model shows that a CES production function generates unbiased estimates of TFP but biased estimates of …

have occurred due to changes in factor prices: a large fall in real wages and increases in the cost of capital. In previous … recessions real wages did not fall, but reforms to union strength and welfare have made wages more sensitive to negative demand … misallocation. The fall in labour productivity is therefore likely to reverse if demand improves - e.g. through stronger monetary or …

(MERCOSUR) on productivity, employment and wages for the Uruguayan manufacturing sector at the plant level. We use impact … liberalization seems to improve total factor productivity with a greater effect on plants belonging to the import competing sector …. Furthermore, we find reductions in employment driven mainly by the decrease in blue collars, increases in wages and a reduction in …

of the effect of beauty on worker's productivity, as reported in 37 studies. The estimates are tested for publication … beauty effect concerning productivity. The average beauty effect is probably much lower than commonly believed based on the …

Wages for black and white workers are substantially lower in occupations with a high density of black employees … equations, the magnitude of the correlation falls sharply after controlling for occupational skills. Longitudinal estimates … support a "quality sorting" explanation, with racial density serving as an index of unmeasured skills. Although past …